Austria: Public Debt Increased to 74.0 Percent of GDP

Austria: Public Debt Increased to 74.0 Percent of GDP / Picture: © Flickr

In 2012, public finances in Austria showed a Maastricht deficit of 2.5 percent of GDP (€ 7.8 bn). Maastricht debt increased to 74.0 percent of GDP (€ 227.2 bn) in 2012, according to Statistics Austria. In 2011, the Maastricht deficit stood at 2.5 percent (€ 7.3 bn) and Maastricht debt at 72.8 percent (€ 217.8 bn). Total government revenue increased by 4.4 percent (€ 6.3 bn)…